**(C)** discovery of fraud or material misrepresentation in the obtaining of the policy or in the presentation of a claim thereunder;

**(D)** after issuance of the policy or after the last renewal date, discovery of an act or omission, or a violation of any policy condition, that substantially and materially increases the hazard insured against, and which occurred subsequent to inception of the current Policy Period;

**(E)** material physical change in the property insured, occurring after issuance or last annual renewal anniversary date of the policy, which results in the property becoming uninsurable in accordance with the insurers objective, uniformly applied underwriting standards in effect at the time the policy was issued or last renewed; or material change in the nature or extent of the risk, occurring after issuance or last annual renewal anniversary date of the policy, which causes the risk of loss to be substantially and materially increased beyond that contemplated at the time the policy was issued or last renewed;

**(F)** required pursuant to a determination by the Superintendent of Financial Services that continuation of the present premium volume of the Insurer would jeopardize the Insurer's solvency or be hazardous to the interests of Insureds of the Insurer, its creditors or the public;

**(G)** a determination by the Superintendent of Financial Services that the continuation of the policy would violate, or would place the Insurer in violation of, any provision of the New York Insurance Law;

**(H)** with respect to professional liability insurance policies, in addition to the basis for cancellation set forth in sections (F) through (G) above, revocation or suspension of an Insured's license to practice his profession or, if the insured is a hospital, it no longer possesses a valid operating certificate under section twenty-eight hundred one-a of the public health law;

**(I)** with respect to an excess liability policy, in addition to the basis for cancellation set forth in sections (F) through (G) above, cancellation of one or more of the underlying policies providing primary or intermediate coverage; or

**(J)** where the Insurer has reason to believe that there is a probable risk or danger that the Insured will destroy or permit the destruction of the insured property for the purpose of collecting the insurance proceeds, provided, however, that:

**(1)** a notice of cancellation on this ground shall inform the Insured in plain language that the Insured must act within ten days if review by the New York Department of Financial Services ("Department of Financial Services") of the ground for cancellation is desired pursuant to item (3) of this subparagraph (I);

**(2)** notice of cancellation on this ground shall be provided simultaneously by the Insurer to the Department of Financial Services; and

**(3)** upon written request of the Insured made to the